Premier Fund Managers Ltd Decreases Stake in Union Pacific Corporation $UNP

Premier Fund Managers Ltd trimmed its holdings in shares of Union Pacific Corporation (NYSE:UNP) by 14.6% during the third quarter, Holdings Channel reports. The fund owned 197,462 shares of the railroad operator’s stock after selling 33,801 shares during the quarter. Union Pacific accounts for 1.9% of Premier Fund Managers Ltd’s investment portfolio, making the stock its 20th largest holding. Premier Fund Managers Ltd’s holdings in Union Pacific were worth $46,644,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Howard Capital Management Group LLC grew its stake in Union Pacific by 2.0% during the 3rd quarter. Howard Capital Management Group LLC now owns 2,252 shares of the railroad operator’s stock valued at $532,000 after purchasing an additional 45 shares in the last quarter. Hanson & Doremus Investment Management raised its position in shares of Union Pacific by 2.5% in the 3rd quarter. Hanson & Doremus Investment Management now owns 1,880 shares of the railroad operator’s stock valued at $444,000 after purchasing an additional 46 shares in the last quarter. Silver Oak Securities Incorporated boosted its stake in shares of Union Pacific by 4.5% during the 3rd quarter. Silver Oak Securities Incorporated now owns 1,065 shares of the railroad operator’s stock valued at $252,000 after buying an additional 46 shares during the last quarter. CFO4Life Group LLC grew its position in shares of Union Pacific by 1.2% during the third quarter. CFO4Life Group LLC now owns 3,754 shares of the railroad operator’s stock worth $887,000 after buying an additional 46 shares in the last quarter. Finally, TCV Trust & Wealth Management Inc. grew its position in shares of Union Pacific by 0.7% during the third quarter. TCV Trust & Wealth Management Inc. now owns 6,729 shares of the railroad operator’s stock worth $1,591,000 after buying an additional 47 shares in the last quarter. Institutional investors and hedge funds own 80.38% of the company’s stock.

Wall Street Analysts Forecast Growth

UNP has been the topic of several recent analyst reports. Deutsche Bank Aktiengesellschaft set a $245.00 price target on shares of Union Pacific in a report on Thursday, December 11th. The Goldman Sachs Group reissued a “neutral” rating and issued a $267.00 target price on shares of Union Pacific in a research report on Tuesday, January 27th. Citigroup reaffirmed a “buy” rating and set a $270.00 price target (up previously from $265.00) on shares of Union Pacific in a research report on Wednesday, January 28th. BMO Capital Markets reiterated a “market perform” rating and issued a $295.00 price target on shares of Union Pacific in a research note on Thursday. Finally, Raymond James Financial reissued a “strong-buy” rating on shares of Union Pacific in a report on Tuesday, January 27th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and ten have assigned a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $260.14.

Union Pacific Trading Up 1.3%

Union Pacific stock opened at $266.34 on Friday. Union Pacific Corporation has a 1 year low of $204.66 and a 1 year high of $267.17. The firm’s 50-day moving average is $239.22 and its 200-day moving average is $230.06. The company has a debt-to-equity ratio of 1.64, a quick ratio of 0.75 and a current ratio of 0.91. The company has a market cap of $158.04 billion, a P/E ratio of 22.25, a PEG ratio of 2.90 and a beta of 0.98.

Union Pacific (NYSE:UNP) last released its quarterly earnings data on Tuesday, January 27th. The railroad operator reported $2.86 earnings per share for the quarter, missing the consensus estimate of $2.92 by ($0.06). Union Pacific had a return on equity of 40.89% and a net margin of 29.12%.The business had revenue of $6.09 billion for the quarter, compared to analyst estimates of $6.15 billion. During the same quarter last year, the company earned $2.91 EPS. Union Pacific’s revenue was down .6% compared to the same quarter last year. On average, equities analysts expect that Union Pacific Corporation will post 11.99 earnings per share for the current year.

Union Pacific Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, February 27th will be given a dividend of $1.38 per share. This represents a $5.52 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date is Friday, February 27th. Union Pacific’s dividend payout ratio is presently 46.12%.

Union Pacific Company Profile

Union Pacific Corporation (NYSE: UNP) is one of the largest freight railroad companies in the United States. Its principal operating subsidiary, Union Pacific Railroad, has roots that trace back to the Pacific Railway Act of 1862 and the construction of the first transcontinental rail link completed in 1869. The company is headquartered in Omaha, Nebraska, and operates as a holding company for rail transportation and related services.

Union Pacific’s core business is the movement of freight by rail across an extensive rail network serving the western two‑thirds of the United States.